Ytl Berhad Stock Market Value
| YTLCF Stock | USD 0.46 0.00 0.00% |
| Symbol | YTLBerhad |
YTLBerhad 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to YTLBerhad's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of YTLBerhad.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in YTLBerhad on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding YTL Berhad or generate 0.0% return on investment in YTLBerhad over 720 days. YTLBerhad is related to or competes with Legacy Education, Apple, NVIDIA, Microsoft, Amazon, Bristol-Myers Squibb, and Alphabet. YTL Corporation Berhad, an investment holding company, operates as an integrated infrastructure developer in Malaysia, t... More
YTLBerhad Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure YTLBerhad's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess YTL Berhad upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 15.87 |
YTLBerhad Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for YTLBerhad's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as YTLBerhad's standard deviation. In reality, there are many statistical measures that can use YTLBerhad historical prices to predict the future YTLBerhad's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.51) | |||
| Total Risk Alpha | (0.97) | |||
| Treynor Ratio | (0.66) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of YTLBerhad's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
YTL Berhad Backtested Returns
YTL Berhad shows Sharpe Ratio of -0.13, which attests that the company had a -0.13% return per unit of standard deviation over the last 3 months. YTL Berhad exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out YTLBerhad's Mean Deviation of 1.17, risk adjusted performance of (0.09), and Standard Deviation of 3.26 to validate the risk estimate we provide. The firm maintains a market beta of 0.65, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, YTLBerhad's returns are expected to increase less than the market. However, during the bear market, the loss of holding YTLBerhad is expected to be smaller as well. At this point, YTL Berhad has a negative expected return of -0.43%. Please make sure to check out YTLBerhad's treynor ratio and rate of daily change , to decide if YTL Berhad performance from the past will be repeated at some future point.
Auto-correlation | -0.28 |
Weak reverse predictability
YTL Berhad has weak reverse predictability. Overlapping area represents the amount of predictability between YTLBerhad time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of YTL Berhad price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current YTLBerhad price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
YTL Berhad lagged returns against current returns
Autocorrelation, which is YTLBerhad pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting YTLBerhad's pink sheet expected returns. We can calculate the autocorrelation of YTLBerhad returns to help us make a trade decision. For example, suppose you find that YTLBerhad has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
YTLBerhad regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If YTLBerhad pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if YTLBerhad pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in YTLBerhad pink sheet over time.
Current vs Lagged Prices |
| Timeline |
YTLBerhad Lagged Returns
When evaluating YTLBerhad's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of YTLBerhad pink sheet have on its future price. YTLBerhad autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, YTLBerhad autocorrelation shows the relationship between YTLBerhad pink sheet current value and its past values and can show if there is a momentum factor associated with investing in YTL Berhad.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in YTLBerhad Pink Sheet
YTLBerhad financial ratios help investors to determine whether YTLBerhad Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in YTLBerhad with respect to the benefits of owning YTLBerhad security.